LXP Industrial Trust sells two vacant development projects for $175 million
PositiveFinancial Markets

LXP Industrial Trust has successfully sold two vacant development projects for a total of $175 million, marking a significant move in the real estate market. This sale not only reflects the trust's strategic focus on optimizing its portfolio but also indicates a growing demand for industrial properties. Such transactions are crucial as they can lead to reinvestment opportunities and potentially higher returns for investors, showcasing the resilience of the real estate sector.
— Curated by the World Pulse Now AI Editorial System